Fidelity unveils three-strong sustainable multi-asset range

OCF of 0.5%

Fidelity International has launched a range of sustainable multi-asset funds, initially consisting of three OEICs: the Fidelity Sustainable Multi Asset Conservative, Balanced and Growth funds.

Each of the funds, based on asset allocations from Fidelity's Solutions and Multi Asset team, aims to deliver risk-controlled capital growth over the longer term. The OCF on each will be 0.5%. The lower-risk funds will have a higher allocation to defensive assets, such as fixed income, while there will be more exposure to growth assets such as global and emerging market equities higher up the risk spectrum. Fidelity to open 2021 with five further sustainable funds A minimum of 70% of net assets of each fund will be invested in securities deemed to have sustainable characteristics, ...